Over $3 Million Record for Mt Maunganui Apartment

Press Release: Harcourts

Monday, November 21st 2005, 5:35AM

by The Landlord

Hot on the heels of the $2.15 million and $1.82 million dollar property sales in Papamoa last month, Harcourts has done it again and just confirmed the sale of a Marine Parade apartment for what is believed to be a new area record of $3.2 million.

The apartment is one of six in the newly completed upmarket Tsunami Apartments on a prime Marine Parade site with high quality design and fittings throughout, along with uninterrupted water views. A $2.8 million apartment in the same development is also currently receiving very strong buyer interest.

Business Owner of Harcourts Mt Maunganui and seven other offices in the area, Max Martin, has noted a confident trend in ongoing buying demand for million dollar plus coastal properties from both locals and buyers outside the area, including overseas, with the $3.2 million apartment purchased by an expatriate New Zealander working in the USA.Mr Martin believed www.harcourts.co.nz was the key to overseas marketing success and emphasized that a strong ‘on-line’ presence was crucial for marketing. www.harcourts.co.nz is consistently the most visited real estate group website in the country achieving over 400,000 unique hits a month.

Recognising the demand for property information from overseas buyers, in 2003 Harcourts launched its exclusive relationship with RELO (The Leading Real Estate Companies of the World), the largest international residential property network in the world with over 700 offices globally.

Harcourts Mt Maunganui Sales Manager, Simon Martin, commented, “It is just so easy for international buyers to find their way to the Harcourts website via www.relo.com, the world’s biggest relocation network. Harcourts is the sole representative in the South Pacific region for RELO and RELO is the major reason we have so many enquiries from overseas.”

The Tsunami Apartment sale was managed by Harcourts Mt Maunganui Sales Consultant, Kay Ganley.

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